Brookfield to Acquire Peakstone in $1.2 Billion Take-Private Deal

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Go-Shop Window and Timeline

The agreement includes a 30-day “go-shop” period, expiring March 4, during which Peakstone may actively seek and evaluate alternative acquisition proposals.

Absent a superior bid, the companies expect the deal to close by the end of the second quarter of 2026, subject to customary closing conditions.

Brookfield’s legal team is led by Gibson Dunn partners Drew Flowers, Brian Scrivani and David Perechocky. Full details regarding the Latham & Watkins LLP team advising Peakstone were not immediately available Monday.

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With this move, the phrase Brookfield to Acquire Peakstone becomes more than a headline — it signals another major bet on the warehouses and storage yards that quietly power the modern economy, where steel, concrete and logistics strategy intersect behind the scenes of everyday commerce.